Annual report pursuant to Section 13 and 15(d)

Debt (Tables)

v3.10.0.1
Debt (Tables)
 12 Months Ended
Dec. 31, 2018
Debt Disclosure [Abstract]  
Schedule of Long-term Debt
Long-term debt at December 31, 2018 and December 31, 2017 consisted of the following:
(in millions)
2018
 
2017
Term loan, floating rate due 2023, net of debt issuance costs of $1.6 in 2018 (A) (C)
$
339.7

 
$
—

Senior Notes, 6.500% due 2048, net of debt issuance costs of $8.5 in 2018
176.5

 
—

Notes, 7.125% due 2027, net of discount of $0.3 and $0.4 and debt issuance costs of $0.4 and $0.4
162.5

 
162.4

Term loan, floating rate due 2021, net of debt issuance costs of $0.5 in 2018 (D)
149.5

 
—

Senior notes, currently 4.625%, due 2021, net of debt issuances costs of $1.0 and $1.5 (B)
147.3

 
148.2

Senior notes, currently 6.625%, due 2049, net of debt issuances costs of $4.5 in 2018
120.5

 
—

Debentures, 7.375% due 2023, net of discount of $0.1 and $0.2 and debt issuance costs of $0.2 and $0.2 (B)
102.6

 
103.4

Loan with Fond du Lac County Economic Development Corporation, 2.0% due 2021, net of discount of $2.3 and $3.0 and debt issuance costs of $0.1 and $0.1
15.3

 
19.6

Notes, various up to 5.8% payable through 2028, net of discount of $0.2 and $0.2
6.9

 
3.8

Total long-term debt
1,220.8

 
437.4

Current maturities of long-term debt
(41.3
)
 
(5.6
)
Long-term debt, net of current maturities
$
1,179.5

 
$
431.8


(A) Beginning in December 2018, scheduled repayment of the 5-year term loan occurs each March, June, September and December equal to 2.50% of the aggregate principal amount of $350.0 million. The remaining principal amount is due August 2023.
(B) Included in Senior notes, 4.625 percent due 2021 and Debentures, 7.375 percent due 2023 at December 31, 2018 and December 31, 2017, are the aggregate fair values related to the fixed-to-floating interest rate swaps as discussed in Note 15 – Financial Instruments.
(C) As of December 31, 2018, the interest rate was 4.10%.
(D) As of December 31, 2018, the interest rate was 3.85%.
Schedule of Maturities of Long-term Debt, Net
Scheduled maturities, net:
(in millions)
 
2019
$
41.3

2020
41.4

2021
338.1

2022
35.8

2023
302.8

Thereafter
461.4

Total long-term debt including current maturities
$
1,220.8